Hussain Sajwani: The Man Who Worked a Miracle, Twice

Hussain Sajwani is a household name in most parts of the world. One of the worlds richest men, he came from humble beginnings and built a real estate empire, and helping to drive one of history’s most abundant real estate development expansions ever. He lived a Cinderella story to be sure, until it all came crashing down with the real estate collapse of 2008. Not one to be deterred, he dug into the ruble and has since rebuilt his empire once more, this time bigger, stronger, and more durable than before. How did he do it? To understand that you need to understand the man that we are talking about. Only then, can you grasp the thought process behind an answer that he gave during a recent interview on the subject. When asked about his rise and fall “did you foresee what would happen?”, he replied, “No of course not, but what I did see was an opportunity!”

 

Hussain Sajwani started out as the son of a small shopkeeper Ali Sajwani. His father sold a wide range fo good, mostly business clothing, up-market ink pens, and fine watches. He would travel the world to find good deals, and along the way, he would dabble in real estate and other ventures. He would often pick his son up from school and bring him to the shop where they would sit and his father would talk for hours between helping customers. It was in those formative years that Hussain would learn so many of the lessons that would help him rise to the top of the financial and real estate worlds, twice. While his father was speaking, he thought he was teaching his son the skills he would need to one day take over the shop, he had no idea that he was imparting lessons that would lead the boy to much bigger things.

 

As Hussain approached the age at which he would have to make a choice about his life, he decided that he didn’t want to be the man selling the items in the shops, he wanted to be the man buying them. He wanted to wear the expensive suits, own the fine cars, have the gold watch around his wrist. He didn’t want to do business with those who were successful and influential, he wanted to be successful and influential. The blow was tough for his father, but he loved his son and accepted the choice. The younger Sajwani soon earned a full scholarship to a prestigious medical university in Baghdad. He did well, but found that the passion for medicine that he knew he should feel was simply not there. Instead. his mind was consumed with thoughts of the men who used to do small real estate deal with his father on the side. He knew that the same principles that his father had taught him about selling vests, underwear, and ink pens could be applied to selling things of much greater substance and value such as real estate. He left the school and returned home to begin the development of what would be the first fledgling incarnation of the DAMAC Group.

 

As DAMAC owner he would lead the company in a wide range of paths. He had a real estate business, holdings in the gas and oil markets, a catering company and more. Each of the arms working in concert with the other. Soon the most successful of the branches proved to be the real estate development arm. Within a few short years, DAMAC was the listed developer of millions of square feet of space catering to the luxury retail, business, and residential market. Investors wanted to get involved, resources and assets were growing fast, and even the most powerful and influential real estate developers in other regions wanted to partner with the DAMAC owner and his company. Future president of the United States Donald Trump even worked with Sajwani on two massive golf course and country club development projects. Life was good, but Hussain Sajwani, like so many others had no idea that a disaster of epic proportions was on the horizon.

 

The collapse hit DAMAC hard, just as it did just about everyone else in the real estate world. Steps were taken to try to soften the blow, but they were like a band-aid on a gunshot wound. Resources disappeared, investors were both lost and angry, and the market seemed like it was in a freefall that would never end. DAMAC did its best to ride out the storm, but not even the highly skilled Hussain Sajwani had any idea when the fall would stop or how much of the company he had worked so hard to build would be left when the dust settled. Luckily, there was enough to start the process of building again. Soon Sajwani healed the broken relationships fortified the resource pools as they started to be replenished and began to find new ways to shield assets from future uncertainties. Along the way, new deals were forged and old ones restarted. He had done it, the impossible, once again. Today the DAMAC Group is bigger and stronger than it ever was before the collapse, but it’s is also safer and more guarded.

 

When asked how he did it Hussain Sajwani smiles and says, “I saw an opportunity, and I took it”. It is the kind of answer that at first may seem bombastic, but after you get to know the man, you understand that there is really no other answer that you should expect, or that would be as fitting.

DAMAC CEO and Founder Hussain Sajwani

DAMAC owner Hussain Sajwani is the CEO and founder of Dubai-based DAMAC Properties, a luxury real estate development company. According to Forbes, DAMAC was ranked as the number one fastest growing global company as of 2017, and DAMAC owner Hussain Sajwani was ranked the world’s 4th richest Arab in 2018. But this success did not come overnight.

 

DAMAC owner Hussain Sajwani graduated from the University of Washington and began his career in 1981 as a contracts manager for Abu Dhabi Gas Industries’s finance department. He quickly moved on to the food services business, where he started the catering company Global Logistics Services in 1982. Global Logistics Services, which is still a thriving business today, has an impressive clientele including the U.S. military and construction giant Bechtel.

 

DAMAC owner Hussain Sajwani switched his focus to the real estate industry and founded DAMAC Properties in 2002, which is now one of the largest property development companies in the Middle East. To date, the company has delivered over 20,880 units, with a development portfolio of over 44,000 in various stages of production.

 

DAMAC Properties is a publicly-listed company listed on the Dubai Financial Market. The company has partnered with some of the world’s most famous lifestyle and fashion organizations to collaborate for their projects. These include golf courses like the championship-standard Trump International Golf Club Dubai, which was opened in February 2017 with a ceremony involving Donald Trump Jr and Eric Trump. The Trump World Golf Club Dubai is another course designed by Tiger Woods and managed by The Trump Organization, located in the DAMAC Properties development AKOYA Oxygen. DAMAC Properties has also developed luxury developments with interiors by Versace and Fendi, villas styled by Bugatti, and properties with Paramount Hotels and Resorts.

 

As the DAMAC owner, Hussain Sajwani upholds corporate responsibility through his philanthropic initiative, the Hussain Sajwani – DAMAC Foundation. In 2017, the foundation sponsored Dubai Future Foundation’s One Million Arab Coders Initiative, which provides free software development training to one million young Arabs. It has also donated millions of dollars to organizations such as the Dubai Autism Centre, Dar Al Ber Society, and for several campaigns by the Emirates Red Crescent.

More on the DAMAC Owner: https://al-ain.com/article/damac-chief-sell-15-stake

AvaTrade for Forex: Recap of a Recent Review

AvaTrade, formerly known as Ava FxBroker, is a forex broker, i.e., a company that brokers foreign currency exchanges for its customers. According to the AvaTrade Review recapped below, AvaTrade does a tidy USD $61 million in exchange trade per month. With over 250 financial instruments offered, including 59 currency pairs, they have something for most traders.

 

AvaTrade’s central office is located in Ireland, and it falls under the regulation of the Irish Central Bank. AvaTrade also maintains representative agencies in Milan, Sydney, Paris, and Tokyo. AvaTrade has been providing online services since 2006.

 

AvaTrade, reflecting its international character, provides its services in a variety of languages. The AvaTrade Review points out the array of services offered and makes it clear that delivering quality forex brokering services is their passion.

 

What are some of the services they provide?

 

  • Custom software, designed in-house to make one-click transactions possible, making it easy to use for both experienced and inexperienced traders.

 

  • They support the use of (but do not supply) the MetaTrader 4 electronic trading platform.

 

  • Multiple access methods: MacOS, web browser extension, iOS, and Android.

 

Per the AvaTrade review article, after setting up an account (you’ll need to enter some basic personal info) you will need to choose the currency you use for that account, i.e., if you live in the US, you will likely choose USD. And then you will need to select one of at least seven methods of getting money in and out of your account, among them debit and credit cards, wire transfers, and PayPal.

 

If you’re new to trading, AvaTrade offers free pretend-trading, so you can practice with real market data without damaging your bank account before you get up to speed.

 

Leverage of about 400:1 is common at AvaTrade. Fundamental and technical analysis are provided, as is a channel supplying the latest forex news, giving you the data and the market awareness to better plan your trades.

Sheldon Lavin helps OSI Group to set the pace in the world of food processing

Before joining OSI Industries in 1970, Sheldon Lavin had a successful career in the banking industry. He was an executive in his financial firm that he had established to help food companies in access capital for expansion from lenders. When he joined the food industry, many people considered him an outsider. However, he proved them wrong by leading the company into a massive expansion spree, thus dominating the world food industry.

In 1970, Sheldon Lavin joined OSI industries as a financial consultant. Through his firm, he helped OSI Industries access capital to expand processing capacity. OSI Industries had signed a contract with the McDonalds and therefore they needed to increase their processing capacity to serve the numerous McDonald outlets.

In 1975, Sheldon Lavin became more involved in the affairs of OSI Industries after the founder, Mr. Otto Kolschowsky retired leaving the management of the company to his sons. He became a partner in the company and eventually a permanent employee. He took over as the CEO of OSI Industries where he helped the company to set up camp in Europe, China, Japan and several other countries in the late 70s.

In the following two decades, OSI Industries continued to expand by opening more processing facilities and signing new fast food outlets and restaurants. One of Otto’s sons quit and Sheldon bought a 50 percent share of the company. With time, he bought a controlling stake in the company and the future of the entire company was now on his shoulders.

Education background

Sheldon Lavin is a trained banker. After earning a degree in Accounting and Finance, he established a financial consultancy firm which was successful in helping food companies’ access expansion capital from lenders. During this time, many companies were experiencing post Second World War effects. There was an acute shortage in financing for companies that wanted to expand their production. Sheldon saw an opportunity and grabbed it with his two hands.

Philanthropy

Besides being a successful executive, Sheldon also actively participates in many charities. He devotes his money and time to the Sheba Foundation, Ronald McDonald House of Charities, Goodman Theatre and Rush University Medical Center.

Awards

Sheldon has helped OSI Group to win numerous awards since he joined the company. He has also won several awards as an executive. Some of the awards won by the company include the Globe of Honor Award, which the company won three times in 2013, 2015 and 2016. Under his leadership, OSI Group is revolutionizing the way companies process their foods for human consumption.

Learn More: www.crunchbase.com/person/sheldon-lavin

BARBARA STOKES AND GREEN STRUCTURAL HOMES

Barbara Stokes, Green Structural Homes of Alabama’s CEO, helps in humanitarian relief by specializing in Constructions for Disaster Relief. Since her founding of GSH in Huntsville with her husband, Scott Stokes, its team members have extensively worked with the private sector and Federal Emergency Management Agency (FEMA) to offer safe and long-lasting housing and financial solutions. Follow Barbara Stokes on Linkedin.com.

Barbara Stokes is a 2001 graduate of Mercer University having a major in physics and biomedical engineering. She also studied properties of materials, thermodynamics, structure, and manufacturing and management, all being applied at GSH. Barbara previously worked at Boeing, Pisces Corporation and did government contracting from where she gained experience that she took to GSH. She is a mother of three and volunteers in Huntsville.

Mrs. Barbara Stokes’ idea of medical valuation came from the fact that generally, medical field professionals require lots of understanding and technical knowledge that she has been applying in GSH, and most importantly she wanted positively impact people’s lives. She makes her days productive by trying to balance work and her family helping her relieve her stress and remind herself what worth all the hard work is.

Barbara works closely with the in-house talented engineering team of GSH to ensure ideas are transformed from concepts to production. One thing that excites Mrs. Stokes is the number of women in STEM-related fields and business leadership. To her younger self, she would advise never to underestimate what one can accomplish if they are willing to put the time and effort. Barbara believes it is satisfying to find a place where work and home-life blend. She advises entrepreneurs to stay ahead of their business and keep their employees happy.

Visit: https://affiliatedork.com/barbara-stokes-leads-green-structure-homes-help-disaster-strikes

Barbara accredits GSH’s growth to SBA programs. She has had failures before, but one thing she learned is never to give up. The one business idea Barbara lives by is that having good people surround you is, but it’s imperative to listen to them. The best $100 she has recently spent is on a lunch treat for her employees, and after that, they did a productive job.

GSH uses Microsoft Cloud (Azure and SharePoint) to help collaborate with employees around the US thus helping solve minor issues quickly. Barbara Stokes recommends the book Outliers: The Story of Success written by Malcolm Gladwell. Read more about Barbara Stokes at The Cullman Times.

The Exceptional Things With Equities First Holdings That Can Be Beneficial To The Client

There is a multitude of incredible things regarding a equities first holdings company. These companies provide customers with one on one personal attention alone with profession loans which are protected using their stocks and shares as a guarantee for the loans. Equities are capable of extending their customers the cash they require to achieve a couple of things, one being their personal goals. The other their proficient objectives. This can be accomplished by utilizing their stock and accumulated shares as insurance for the loan that is granted to them.

As well equities likewise advance these customers boundaries and provisions that are not quite as inflexible of that regarding the established banks. They present them lower interest rates creating repayments simpler for them. The equities first holdings-French Tribune are located in nine countries. They proceed to supply the financing they must have with the aim to open in additional countries. These companies have succeeded in carrying out completing transactions with an impressive 700 customers. The total adds up to beyond an astronomical amount of 14 billion dollars. They pursue to make financing feasible.

Dr. Saad Saad Changes Endoscopies

Dr. Saad Saad has had decades of experience in the medical field as a pediatric surgeon. He has performed surgery on patients from many different walks of life in the United States and beyond. From the young patients in Jerusalem for whom he volunteered his efforts to the children of the Saudi royal family, Dr. Saad Saad has no concern over who they are when he provides medical treatment.

 

As a refugee from Palestine who hard to achieve his goals despite growing up impoverished, he wants all children to be given the chance to lead healthy, happy lives even if their family cannot afford to get them the treatment that they deserve. When he was younger, he had every intention of being an engineer like his brothers. While he may have changed his career to a surgeon, his background in engineering has served him quite well as an inventor of medical devices. So far, Dr. Saad Saad holds patents on 2 medical devices that make the procedures they are being used for considerably easier and safer for both the medical professional performing them and the patient themselves.

 

One of the most common problems that Dr. Saad Saad faced during procedures is during procedures that required the use of an endoscope. The camera lens would quickly become obscured due to the conditions inside the body. In order to be able to see, he would have to completely remove the endoscope from the patient so he could insert a device that was just for suction and irrigation. This costs a lot of extra time that Dr. Saad Saad knew did not have to be wasted. He modified the existing endoscope to have the device for suction and irrigation attached to where the anti-fog port on the scope normally is.

 

After using the device himself on his own patients, Dr. Saad Saad can attest for how useful it is. By not having to reinsert the endoscope, he never has to lose focus on the spot he is trying to view. This means that not only is the doctor performing the procedure saving time, the patient themselves will not need to be kept under anesthesia for any longer than they have to be due to the endoscope fogging up.

 

For all of the many inventions in the world that do not seem to be of much use, Dr. Saad Saad creates things that will change the lives of patients and medical professionals all around the world. Even though he is retired from pediatric surgery, he still hopes to make a difference in the lives of others. Learn more: https://www.healthgrades.com/physician/dr-saad-saad-ys6d8

Robert Ivy’s Legacy At The American Institute Of Architects

Receiving a Lifetime Achievement Award is an incredibly huge honor that is not given out to just anybody. It takes a person who has gone against all the odds and achieved greatness throughout their life. The Mississippi Institute of Arts and Letters, a non-profit organization, awarded Architect Robert Ivy with the Noel Polk Lifetime Achievement Award. Mr. Ivy is the Chief Executive Officer and Executive Vice President for The American Institute of Architects.

During the history of Polk Award it has been given to artist and art patrons, but this time, a first, an architect received the award. Robert Ivy is not the only one receiving the award. A Jackson, Mississippi based stained-glass artist named Andrew Cary Young also received the special honor. Among some of the recipients are as follows: singer Leontyne Price, actor Morgan Freeman, late artist Walter Anderson, writer Shelby Foote, and writer Eudora Welty. The American Institute of Architects President Carl Elefante congradulated Robert Ivy on the honor saying that it takes a good amount of professional and personal achievement to receive this award and as a practicing architect, author, and editor Mr. Ivy is a worthy recipient.

Robert Ivy joined the team at American Institute of Architects, or AIA, he has made quite a positive impact on the company. In its 160 years history with the help of Mr. Ivy AIA is at its highest membership level. He has won a number of awards and honors. The University of Arkansas Fay Jones School of Architecture awarded Robert with their Dean’s Medal and the national architecture fraternity Alpha Rho Chi named him “Master Architect” in 2010. Before he worked at The American Institute of Architects, Ivy worked at Architectural Record as Editor-in-Chief. Not surprising he won multiple awards there including one from the National Magazine Award.

Among being an excellent architect Robert Ivy is also an author. He wrote Fay Jones: Architect. The Art Library Society of North America cited Mr. Ivy’s book for being very high quality in many aspects. It was published in 2001 and is on its third edition. Robert served in the US Navy as an officer before attending college. The successful architect went to Sewanee: The University of the South where he received his Bachelor of Arts in English. From there Mr. Ivy his Master of Architecture degree from Tulane University. Robert is a shining example of what hard work and persistence can achieve in life.

Robert Ivy’s Social Media: twitter.com/robertivy?lang=en

Why InnovaCare Health Continues to Excel

Healthcare is a multifaceted industry, but one of the most challenging areas is the leadership. Today, InnovaCare Health is one of the most highly regarded companies due to their stellar leadership. Why is it that this company is unmatched in their leadership and direction in the marketplace?

 

InnovaCare Health currently has a leadership board with more than 120 years of experience combined. A team of experts that not only have the knowledge and experience, but these individuals also have a proven track record with other managed care companies. The unique challenge managed care companies face is meeting the demands of the marketplace. Healthcare alone is in a new place, and the needs of patients have changed with new regulations. The leaders today at InnovaCare Health ,are on board to aid in providing the highest quality of care and guidance for all members of this healthcare company.

 

Dr. Rick Shinto, currently the CEO of InnovaCare Health, has also served as the CEO of MMM Healthcare since 2008. Additionally, Dr. Shinto also served with Aveta Inc., until the company was sold in 2012. Working both in the areas of clinical and operational, Dr. Shinto has the ability to forecast the challenges and smooth transitions. Serving in various administrative roles, Dr. Shinto also brings a wealth of business acumen to the table to better serve the company, the employees, and those who are members of the managed care delivery.

 

Penelop Kokkinides works alongside Dr. Shinto as the Chief Administrative Officer. Joining the company in the summer of 2015, Ms. Kokkinides also brought a wealth of knowledge and experience to InnovaCare Health. Prior to coming on board with InnovaCare Health, she served as the Chief Operating Officer of Aveta Inc., and served as the Vice President of Operations simultaneously. It was essential to the start of her time with Aveta, but over time, she learned that doing one thing well was most important to her and to the company. Ms. Kokkinides also brings more than 20 years of experience in healthcare, having spent a majority of her time working within government programs like Medicaid and Medicare. This focus has given her the time to learn and master the managed care plans as well as the delivery of those plans.

 

The leadership at InnovaCare Health is essential for their success. As the company continues to grow, the leadership staff are effective in planning strategically how to secure the best quality and management of every case they serve.

 

Why Did Shervin Pishevar Rant For 21 Hours?

Shervin Pishevar went on a 21-hour rant in what the media is calling “a financial storm.”

It was a tweet storm that had to do with the worlds of money, business, and finance.

Pishevar hit on everything from Silicon Valley to Bitcoin.

While most people may not have much knowledge of Silicon Valley, many people who are interested in growing their money definitely know about Bitcoin.

What did Shervin Pishevar predict to be the future of Bitcoin?

A tremendous drop in price.

He predicts that Bitcoin will drop to between $2,000 and $5,000 before seeing a steady rise again.

This is actually a fair prediction due to the fluctuating price of cryptocurrency.

The prices of cryptocurrency such as Bitcoin increase or decrease based on demand.

Still, no one knows the future of cryto, so every prediction should be taken with a grain of salt. Don’t see predictions as gold.

Another topic of Pishevar’s rant: Big business

Now, we all would like to think that Shervin Pishevar has nothing against big business (he is actually a businessman, himself), but the screenshots of his tweets prove otherwise.

Shervin Pishevar has it in for big business.

Among the companies that Pishevar listed as having “too much power” are Amazon, Microsoft, and Facebook.

Yes, all of these are names with which we’re all familiar.

Did anyone ever stop to think, however, that if Pishevar is going to call out one social media platform, he should call out all of them?

Why is he talking down on Facebook but not Twitter?

Could the two be in cahoots to bring down Facebook?

It is too soon to tell. All that we know is that Pishevar has a problem with Facebook.

Billions of people have Facebook accounts and are active on them.

People use Facebook to connect with family, friends, and even clients.

Because people use Facebook for their businesses, Shervin Pishevar may literally be trying to affect the way that people earn their money.

Shervin Pishevar, your job resignation was your decision, but don’t affect other people’s income just because you stepped down from Sherpa Capital.

https://techcrunch.com/2017/08/24/pishevar-sends-another-letter-to-uber-board-about-benchmark/